Should IT Leadership enter the Gig Economy?
With the recent growth of the gig economy in all kinds of sectors and roles, it bears asking whether this kind of structure might be a cheaper option for more companies searching for top-level IT leadership. Answering this question will have some nuances, but it seems clear that going with a "gig CIO" is worth considering, and is likely better than at least one all-too-common mistake in choosing heads of IT. When you hear “gig economy,” likely you imagine transactions with Uber or Upwork—companies that operate under a “pay by the drink” approach. It's part of a larger trend which also encompasses the Cloud revolution, where you pay per month for the specific amount of compute and storage you've utilized. In general, participants in our economy are increasingly preferring to pay for only what they use, in many categories of goods and services. Approximately 57 million people (36% of U.S. [...]
Need an Expert Speaker on Innovation?
Searching for a keynote speaker for your conference or seminar? Looking for an expert on Innovation or IT strategy to stoke the creative fires of your group? Many of Innovation Vista's expert consultants are also expert public speakers! Sometimes an outside expert can bring just the new perspective that's needed to get your group thinking differently. Any of our core services or areas or expertise are fair game: Innovation IT Strategy Innovating Beyond Efficiency Artificial Intelligence Digital Transformation Monetizing Your IT Weaponizing Data Information Security Disrupting Your Industry with Tech Transitional IT Leadership How to Succeed as a CIO System Implementation Tech Assessments Contact us today if you're seeking a speaker for your event. (Also note: We are happy to do pro bono speeches for non-profits and worthy causes...)
Innovation – The Great Equalizer
For small and midsize companies competing against large competitors, it can often feel like they are set up to fail. The competitors may have stronger purchasing power, economies of scale, and lower cost of capital, making it hard for the smaller companies to gain any sort of an edge. But the innovation of new technologies is giving many companies hope that they can indeed compete with large competitors several times their size. Innovation is the key to balancing the scale of power. Despite their significant advantages in economies of scale, larger companies also have a liability which can become significant in the emerging Digital Age. Because of their size, large companies have many more layers of bureaucracy and formality. Each of those layers in a larger organization is a delay in decision-making and innovation, particularly when the changes being contemplated are significant and impact a company's business model, pricing, supply [...]